Results for cross-currency basis swap
Edit

Banking Stress Eases

March 21, 2023
Overview: The banking crisis is ebbing. The Bank of England and European Central Bank assured investors that the AT1 bonds are senior to equity claims, and Switzerland is a unique case. Bank share indices in the Europe and the US rose yesterday, even though the shares of First Republic Bank fell by 47% yesterday. The $123-stock at the end of last …
Banking Stress Eases Banking Stress Eases Reviewed by Marc Chandler on March 21, 2023 Rating: 5
Edit

August Survey Data and Beyond

August 15, 2020
Economists are often lampooned because of their inability to forecast changes in the business cycle.  But the pandemic helped them overcome the challenge this time. A record contraction in Q2 was anticipated before in March.  Similarly, economists generally expected the recovery after the March-April body blow.  However, after an initial surge, so…
August Survey Data and Beyond August Survey Data and Beyond Reviewed by Marc Chandler on August 15, 2020 Rating: 5
Edit

Nervousness Ahead of the Weekend

March 27, 2020
Overview:  Officials appear to have persuaded investors that they have put into place measures that will cushion the economic blow and ensure that the financial system continues to function.  After seemingly goading officials into action, investors are choosing not to resist. Moreover, there is a recognition that many programs are scalable.  Risk …
Nervousness Ahead of the Weekend Nervousness Ahead of the Weekend Reviewed by Marc Chandler on March 27, 2020 Rating: 5
Edit

Relief Bounce On Tuesday, but Turn Around not Secure

March 24, 2020
Overview: Bottom-picking, after officials step up efforts and some optimism creeps in, is helping lift spirits today. As one looks at the equity bounces, it is important to remember that among the biggest rallies take place in bear markets. Nearly all the bourses in Asia-Pacific rallied, led by a 7% advance by Japan's Nikkei and an 8%+ surge i…
Relief Bounce On Tuesday, but Turn Around not Secure Relief Bounce On Tuesday, but Turn Around not Secure Reviewed by Marc Chandler on March 24, 2020 Rating: 5
Edit

The Economic Tsunami that has Begun and the Drive for Cash

March 21, 2020
With swarms of locusts in Africa and the Middle East and a particularly virulent virus spreading around the globe, the coming crisis may feel like the end of days. An economic tsunami has been unleashed. A consensus appears to be emerging among economists of the largest contraction in global GDP in a generation. Separately, but partly related as w…
The Economic Tsunami that has Begun and the Drive for Cash The Economic Tsunami that has Begun and the Drive for Cash Reviewed by Marc Chandler on March 21, 2020 Rating: 5
Edit

Bonds Join Equities in the Carnage

March 18, 2020
Overview: A new phase of the market turmoil is at hand. Bonds are no longer proving to be the safe haven for investors fleeing stocks. The tremendous fiscal and monetary efforts, with more likely to come, have sparked a dramatic rise in yields. Meanwhile, equities are getting crushed again. Steep losses were seen in many Asia Pacific markets, with…
Bonds Join Equities in the Carnage Bonds Join Equities in the Carnage Reviewed by Marc Chandler on March 18, 2020 Rating: 5
Edit

Even Turn Around Tuesday is Flat

March 17, 2020
Overview:  While the markets are not as disorderly as they have been, the tone is fragile, and the animal spirits have been crushed.  Australian stocks fell more than 10% last week and dropped another 9.7% yesterday before rebounding by almost 6% today to be one of the few Asia Pacific equity markets to rise.  The Nikkei eked out a small gain, but…
Even Turn Around Tuesday is Flat Even Turn Around Tuesday is Flat Reviewed by Marc Chandler on March 17, 2020 Rating: 5
Edit

Now We are Getting Serious

March 14, 2020
There is folklore among many investors that is preventing an understanding of what is happening. The fiction is that the Fed has killed the last three expansions by pursuing too tight of monetary policy. In fact, the previous three downturns were caused by financial crises (the S&L Crisis, the Tech Bubble, and the Great Financial Crisis) that …
Now We are Getting Serious Now We are Getting Serious Reviewed by Marc Chandler on March 14, 2020 Rating: 5
Subscribe to: Posts ( Atom )
Powered by Blogger.